FTREIT delivers strong 9-month performance with revenue of THB 3,372 million, plans around THB 2,800 million asset expansion

For 3QFY2026 (April - June 2026), total revenue rose by 4.8% or THB 51.1 million Y-o-Y to THB 1,122.5 million. 3QFY2026 net profit on investment was THB 759.1 million, an increase of 5.6% or THB 40.6 million Y-o-Y. Dividend payment from third quarter operations was announced at THB 0.1955 per trust unit, which will be paid on 4 September 2026. The accumulated dividend for the first three quarters of FY2026 is THB 0.5850 per trust unit.

Mr. Bhumpharn Arunthammakul, Managing Director of Frasers Property Industrial REIT Management (Thailand) Company Limited (FIRM), the REIT manager of FTREIT, stated, "There has been strong growth in demand for FTREIT's leasable spaces. In the first nine months of FY2026, the portfolio's average occupancy rate reached a high of 92.5%, up 2.6% Y-o-Y. This is due in part to business demand for leased factories and warehouses over large self-built facilities; in the current volatile economic climate, companies can more easily manage initial investment costs and maintain management flexibility."

Despite geopolitical headwinds from the Middle East conflict, Thailand's economy in the first nine months remained resilient. Strong inbound investment momentum continued, due to ongoing production base relocations, especially in digital, electronics and electrical appliances as well as the automotive and parts industries. This trend is mirrored in the substantial growth of Thailand Board of Investment (BOI) investment promotion applications, reflecting foreign investors' confidence in Thailand as a regional supply chain hub, which in turn drives growth in the domestic manufacturing and logistics sectors.

Furthermore, FTREIT plans to invest not over THB 2,784.40 million (excluding the expenses in relation to the investment in the additional assets) in Frasers Property Thailand's assets across strategic industrial and logistics hubs. A unitholders' meeting will be held on 26 August 2026 to seek approval for this proposed transaction.

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